Rebar prices in Turkey's steel sector continued to depreciate. Payas rebar prices decreased to as low as $710 and Istanbul rebar prices to as low as $719 yesterday. Spot prices in both regions showed a recovery trend today. Payas increased to $719 and Istanbul to $723. Izmir prices decreased from $719 to $716 (compared to yesterday). Karabuk prices remained stable.
The current rebar prices evaluated by www.steelradar.com are as follows;
Istanbul rebar prices 16,300 TL (+100) / 851,78 USD (+5,23)
Izmir rebar prices 16.150 TL (-50) / 843,94 USD (-2,61)
Karabuk rebar prices 16.200 TL (0,00) / 846,55 USD (0,00)
Payas rebar prices 16.200 TL (+200) / 846,55 USD (+10,45)
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